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Old Black Swan
Old Black Swan
19, Market Place, Bedale, DL8 1ED Pub Code: 0060347101
Pub Code: 0060347101
Foundation TenancyEst Min Ingoing Costs: £11,953
Annual Rent: £29,438
High Street Hot Spot
The Black Swan is in a prime position, sitting on a high street surrounded by shops, cafes, and bakeries. This great location provides passing trade for this well-loved pub.
This pub is well known for its traditional pub meals and fantastic cask ales. The Black Swan boasts a first-floor function space that can be utilised for community events, live sports, and private parties.
If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.
The right operator for the Old Black Swan will have extensive experience in a similar hospitality business. They will have a clear vision for their food & drinks menu and marketing strategy and can create a memorable experience for their customers.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter…
The Black Swan is in a prime position, sitting on a high street surrounded by shops, cafes, and bakeries. This great location provides passing trade for this well-loved pub.
This pub is well known for its traditional pub meals and fantastic cask ales. The Black Swan boasts a first-floor function space that can be utilised for community events, live sports, and private parties.
If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.
The right operator for the Old Black Swan will have extensive experience in a similar hospitality business. They will have a clear vision for their food & drinks menu and marketing strategy and can create a memorable experience for their customers.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter…
Trading Area & Facilities
Internally, the pub is split into two rooms, the main bar, and the function room. Both areas are served by their own bar. The pub has a traditional décor with ample seating and a spacious trading area.
Externally, the pub has a cosy courtyard with beautiful foliage and hanging baskets.
Externally, the pub has a cosy courtyard with beautiful foliage and hanging baskets.
Private Accommodation
The domestic accommodation comprises of a good size kitchen, main living room and 3 bedrooms.
Estimated Total Ingoing Costs
£35,265
Estimated Minimum Ingoing Costs
£11,953
Annual Rent
£29,438
Estimated Annual Turnover
£519,592
Deposit
£7,360
Estimated Fixtures & Fittings Value
£18,405
Estimated Stock Valuation
£6,000
Estimated Working Capital
£3,500
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
Location:
19, Market Place, Bedale, DL8 1ED
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To apply for this pub or for additional information, please contact us directly
Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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